Share this:

Here’s an excerpt from this morning’s press conference with state Democratic Party Chairman Herman “Denny” Farrell Jr. that features hisÂ exact wordsÂ about tax and spending cuts.Farrell’s comments came during this exchange with the AP’s Mike Gormley.

MG: “John Faso’s first priorities are cutting property taxes, cutting school taxes and cutting state spending. Is cutting specific tax bills for New Yorkers and cutting state spending, is that one, two or three for the Democrats?”

DF: “What’s most important is jobs.”

MG: “So, it’s not one, two or three?”

DF: “No. Jobs is the most important thing. If you create jobs, if you work to create jobs, and you make sure you do that, then you willÂ get theÂ income. Once you get the income, then you can afford to look at tax cuts.”

“We have looked at tax cuts, as I’ve said, in the past, because the programs where we give money to businesses that come into the state, those programs we give 100 percent tax abatement to those people. We’ve also done, as I said, the earned income tax credit cut.”

“So, we’re not opposed, you know, no, the Democratic Party is not opposed to tax cuts. We’re opposed to who you give the tax cuts to, and how you choose to use them. If you use them correctly, then they work to create jobs. IfÂ you don’t use them correctly, they end up making somebody getÂ another cabin cruiser.”Â

About Capitol Confidential

Capitol Confidential gathers the best coverage of New York politics and puts it all together. Each section - Capitol, The State Worker, New York on the Potomac, and Voices - represents a unique facet of the political scene. The Capitol section features coverage from the Times Union Capitol bureau. The State Worker is dedicated to state worker issues. New York on the Potomac offers news of interest to New Yorkers from Washington. And Voices features the best of everything else, pointing you to columnists and bloggers from across the Web.